Clockwise Ltd – Issues
that need addressing
• Business is in decline – Net Profit Margins falling despite an increase in
revenue
• High staff turnover
• Increase levels of competition
• Business not adapting to the changes in market and no innovation
• Management style and leadership – Laissez Faire
• Roles of the Founders
• Lack of vision and forward planning
, Managing Change – Why do they
need to change
• Internal factors influencing change – change in management and leadershi
• Factors for Clockwise are – decreasing profit margins, no leadership,
increasing costs, need to be consultative and transformational and no visio
or values shared upon the workers.
• External Factors can change – level of competition and maybe national
economy
• For Clockwise this is – level of competition as rival companies are offering
Clockwise workers better working environment and high salaries and being
more innovative for meeting the users needs which Clockwise is struggling
innovation.
that need addressing
• Business is in decline – Net Profit Margins falling despite an increase in
revenue
• High staff turnover
• Increase levels of competition
• Business not adapting to the changes in market and no innovation
• Management style and leadership – Laissez Faire
• Roles of the Founders
• Lack of vision and forward planning
, Managing Change – Why do they
need to change
• Internal factors influencing change – change in management and leadershi
• Factors for Clockwise are – decreasing profit margins, no leadership,
increasing costs, need to be consultative and transformational and no visio
or values shared upon the workers.
• External Factors can change – level of competition and maybe national
economy
• For Clockwise this is – level of competition as rival companies are offering
Clockwise workers better working environment and high salaries and being
more innovative for meeting the users needs which Clockwise is struggling
innovation.
